Senior Finance Officer

SmartVolt Energy, Inc.; Taguig; On-site; PHP 600,000 - 900,000; Full time

Job summary

A leading energy company in the Philippines is seeking a skilled finance professional to manage financial reporting, budgeting, and treasury functions. The ideal candidate will ensure the accuracy of financial data, manage banking transactions, and assist in the preparation of annual budgets. Strong analytical skills and experience in financial management are essential for this role.

Qualifications

• Experience in financial management and reporting.
• Strong understanding of budgeting and forecasting.
• Ability to manage cash transactions and banking relationships.
• Provide financial data and forecasts to the Chief Finance Officer.
• Consolidate financial information from various departments.

Responsibilities

• Prepare Daily Cash Monitoring Report and Weekly Cash Position Reports.
• Monitor budget utilization and alert management on variances.
• Maintain and manage all company bank accounts.
• Process disbursements and payments with proper supporting documents.
• Coordinate with suppliers' finance team to complete documentation and approvals.
• Monitor payment due dates to avoid penalties and reconcile billing documents.
• Assist in admin tasks and maintenance of organized financial files.

Skills

Financial reporting

Budgeting

Cash management

Treasury management

Analytical skills

Job description

1) Financial Management & Reporting

• Prepare Daily Cash Monitoring Report and Weekly Cash Position Reports
• Ensure accuracy and integrity of financial data in Financial Reports
• Coordinate with Accountant for recording and reconciliation of financial transactions.
• Provide financial data and forecasts to the Chief Finance Officer
• Consolidate financial information from various departments.

2) Budgeting & Forecasting

• Assist in the preparation of annual budgets.
• Monitor budget utilization and alert management on significant variances.
• Perform variance analysis between actual results and budgets/forecasts.

3) Treasury Management

a) Cash Management

• Monitor and manage daily cash transactions and bank balances
• Handle Revolving Fund transactions and replenishment following company policy.
• Submission of End-of-Day Cash Count Report

b) Disbursement and Payment Processing

• Prepare, review, execute payments, fund transfers through disbursement vouchers and checks. Prepare BIR Form 2307 (if required)
• Coordinate with the suppliers/vendors’ Finance and Accounting Department on the completion of documentations
• Verify completeness and accuracy of billing documents before payment.
• Monitor due dates to ensure timely payments and avoid penalties.
• Assist in processing employee reimbursements and liquidations.

4) Banking Transactions

a) (Branch Level)

• Maintain and manage all company bank accounts.
• Facilitate opening, closing, and updating of bank accounts and signatories.
• Liaise with banks for deposits and withdrawals.
• Maintain relationships with banks and ensure favorable terms on facilities
• Monitor and prepare analysis on foreign exchange and interest rate exposures (if applicable).
• Monitor and update bank signatories and account authorizations and compliance of bank documentary requirements

b) (Corporate Level)

• Maintain schedules of borrowings, repayments, and interest accruals.
• Assist in the management of loans, credit facilities, and debt instruments.
• Assist CFO on banking and fund raising activities such as documentations and coordination with the bank Account Officers.

5) Administrative and Coordination Tasks

• Maintain organized financial files (physical and digital)